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Updated July 2026Zillowmonthly

85053 Real Estate Market Update: Phoenix, AZ, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 85053 in Phoenix, Arizona, for July 2026: a $369K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$369K
Median sale price, July 2026
$388K
A year earlier, in 2025
99.0%
Sale-to-list
ZIP 85053, Phoenix, AZ, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$369K▲ +1.7%▼ -4.8%
Homes for sale84▲ +5.0%▼ -11.6%
Sale-to-list99.0%▲ +0.2%n/a
New listings30▼ -3.2%▼ -11.8%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 85053 numbers say

The 85053 ZIP in Phoenix is cooling. The median sale price sits at $369,176, 4.8% below last year. Sellers here are getting 99.0% of list price.

With 84 homes for sale and 30 new listings this month, 85053 is currently an active market.

What this means if you sell in 85053

Use these figures to set expectations early with each client. Lead a listing appointment with the $369K median price, show the year-over-year direction, and frame 85053 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 85053 market

We built LOKAL to pull 85053's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $369K median sale price, -4.8% year over year, a 99.0% sale-to-list ratio and a +1.7% month-over-month move with 84 homes for sale. That compares with roughly $388K a year earlier, in 2025. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 85053 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 85053 housing market

What is the median home price in ZIP 85053 (Phoenix, AZ)?
As of July 2026, the median sale price in ZIP 85053 is $369,176 (-4.8% year over year), per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 85053 a buyer's or seller's market right now?
ZIP 85053 is currently an active market, based on a 99.0% sale-to-list ratio for July 2026.
How long do homes take to sell in ZIP 85053?
Zillow does not publish a days-on-market figure for 85053 this period. Verify pace against your local MLS.
Where does this 85053 market data come from?
All figures for 85053 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

Zoom out: the Phoenix market

Phoenix, AZ full market update →All Arizona markets →All Arizona ZIP codes →

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.